Internet of Things Applications

'Internet of things' (IoT), or 'machine to machine' connectivity (m2m) as the cellular providers define it, is now reaching a widespread level of maturity. Internet of Things World conference has its biggest event of the year in Silicon Valley May 10-12 (the other edition is in Dublin Ireland in November).

In many ways IoT is the vibrant new frontier of online innovation in the valley, with data flows from objects and devices starting to reach huge levels and projections of massive increases.

As I write this I see that Cypress purchased Broadcom's Internet of Things business for $550 million. IoT chips will represent 28% of the semiconductor market by 2021, with various parts of the market growing 36-60% per year according to ABI Research while Research and Markets expects 38% growth in connected devices in healthcare alone, reaching $163 billion by 2020. Specialized UK analyst and advisory firm Machina Research thinks the IoT market will reach $4 trillion by 2025.

See more at: zdnet.com